Kristen M. Ludgate - 08 Dec 2022 Form 4 Insider Report for HP INC (HPQ)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Shares	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HPQ	Restricted Stock Units	Award	+47,191	47,191	08 Dec 2022	Common Stock	47,191		Direct	F1, F2
transaction	HPQ	Performance Adjusted Restricted Stock Units	Award	+30,191	30,191	08 Dec 2022	Common Stock	30,191		Direct	F3, F4
transaction	HPQ	Performance Contingent Stock Options	Award	+106,864	106,864	08 Dec 2022	Common Stock	106,864	$28.48	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
F2	On 12/8/2022, the reporting person was granted 47,191 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 12/7/2022. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.
F3	Each performance adjusted restricted stock unit ("PARSU") represents a contingent right to receive one share of HP common stock.
F4	On 12/8/2022, the reporting person was granted 30,191 PARSUs, which will only be earned after certification of financial results as of October 31, 2025, subject to certain earnings per share and relative total stockholder return conditions being met as of that date. Depending on the level of achievement of such goals, the actual number of PARSUs earned can range from 0% to 300% of the target number of PARSUs shown in column 5. Dividend equivalent rights accrue with respect to these PARSUs when and as dividends are paid on HP common stock.
F5	On 12/8/2022, the reporting person was granted 106,864 performance contingent stock options, 1/3 of which vest annually over 3 years on the anniversary of the grant date, in each case subject to the satisfaction of certain stock price performance conditions.